LeoPatrizi Elevator Pitch I rate KT Corporation (NYSE:KT) [030200:KS] as a Hold. In my previous article written on January 14, 2024, I shared my thoughts on the expected performance of the company’s telecommunications and non-telecommunications businesses for the future. This latest update details recent developments, which point to a Hold rating for KT. The major…
Osvaldo Maldonado/iStock via Getty Images Whirlpool Corporation (NYSE:WHR) is one of the most well-known brands among household appliances. From fridges through washers and dryers to ice makers, WHR manufactures and sells a wide variety of products. We have already published three articles about WHR and its business since the start of our coverage in June…
FG Trade Latin/E+ via Getty Images Elevator Pitch Choice Hotels International, Inc. (NYSE:CHH) shares are assigned a Buy investment rating. Earlier, I wrote about CHH’s 2024 financial outlook in my previous update published on October 10, 2023. This article highlights Choice Hotels’ recent positive developments that investors should consider. Firstly, CHH is no longer pursuing…
Bennett Raglin Citi Trends (NASDAQ:CTRN) is an American retailer specializing in apparel and accessories in physical stores in low-income neighborhoods. The company received a windfall when pandemic stimulus money hit its core demographic strongly, and it became a meme stock for a while. After the pandemic, the reverse occurred. The company’s low-income demographic is suffering…
redtea The past few days have been very busy for Pembina Pipeline Corporation (NYSE:PBA). On December 11th, the management team of the firm came out with initial guidance for the 2024 fiscal year. And two days later, on December 13th, news broke that the company had agreed to acquire the ownership interests that Enbridge Inc….
CHUNYIP WONG/E+ via Getty Images Elevator Pitch I have a Hold investment rating for CLP Holdings Limited (OTCPK:CLPHY) stock. On its company’s investor relations website, CLPHY calls itself as “one of the largest investor-owned (as opposed to state-owned) power businesses in Asia Pacific.” Previously, I reviewed CLP Holdings’ financial performance for the first half of…
Michael Vi Investment Thesis Earlier in August, I covered Keysight Technologies, Inc. (NYSE:KEYS) with a Buy rating, in which I discussed the company’s market positioning and the favorable industry dynamics. In this article, I will be covering the recent updates after the quarterly result and my outlook on the company going forward. I believe Keysight…
Atomic62 Studio/iStock via Getty Images The VanEck Vectors BDC Income ETF (NYSEARCA:BIZD) has had an outstanding 2023, with the fund seeing double-digit dividend growth, and significantly outperforming the market. Owing to the fund’s strong performance and investor interest, thought to have a quick look at recent developments concerning the fund, to see if outperformance is…
marekuliasz/iStock via Getty Images In my prior coverage of mountain state multifamily operator, Centerspace (NYSE:CSR), I concluded that shares were fairly valued and maintained a neutral view on the stock due to a less favorable environment for rental rate growth. Shares in the stock have since declined over 20%. At less than 11x forward funds…
Demianastur/iStock via Getty Images While the direct market impact of geopolitical conflict is typically short-lived, the macro impacts can often linger. The key macro concerns from the developments in Israel lie with the threat of upward pressure on oil prices, and how its corresponding effect on core inflation could potentially prompt central bank action. Global…
Chung Sung-Jun Elevator Pitch I still rate KB Financial Group Inc. (NYSE:KB) [105560:KS] stock as a Buy. My earlier July 27, 2023 write-up for KB was focused on the review of the company’s Q2 2023 financial performance. With the current article, I draw attention to KB Financial’s leadership transition and shareholder capital return. KB’s current…
blackdovfx Value equities and equity segments have had a terrible year, with most moderately underperforming the S&P 500, significantly underperforming the Nasdaq-100. Latin American stocks and funds, including the iShares Latin America 40 ETF (NYSEARCA:ILF), have been one of the few exceptions, with these very slightly underperforming relative to U.S. equities YTD. Latin American equity…
SlavkoSereda/iStock Editorial via Getty Images In a previous article discussing Raiffeisen Bank International AG (OTCPK:RAIFF; OTCPK:RAIFY), I identified two main risks: the bank’s significant reliance on its Russian subsidiary and its exposure to Signa Group. There have been further negative developments both at Signa (kindly note, that following, unless otherwise stated, “Signa” refers to the…
Jarmo Piironen Easterly Government Properties (NYSE:DEA) improved their debt structure through the paydown of their revolving credit facility. An expected thaw in the transactional markets also enabled positive revisions to full-year guidance. And since a prior update on the stock, shares have traded down to a more attractive valuation. Despite the positive developments, I still…
Dimensions Elevator Pitch I continue to rate Atour Lifestyle Holdings Limited (NASDAQ:ATAT) stock as a Hold. I previously published an initiation article for ATAT on January 19, 2023, referring to Atour Lifestyle as “a play on a rise in the hotel chain penetration rate and strong demand for upper midscale hotels in China.” The focus…